{
  "@context": {
    "@language": "en-us",
    "CIP100": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0100/README.md#",
    "CIP136": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0136/README.md#",
    "hashAlgorithm": "CIP100:hashAlgorithm",
    "body": {
      "@id": "CIP136:body",
      "@context": {
        "references": {
          "@id": "CIP100:references",
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          "@context": {
            "GovernanceMetadata": "CIP100:GovernanceMetadataReference",
            "Other": "CIP100:OtherReference",
            "label": "CIP100:reference-label",
            "uri": "CIP100:reference-uri",
            "RelevantArticles": "CIP136:RelevantArticles"
          }
        },
        "summary": "CIP136:summary",
        "rationaleStatement": "CIP136:rationaleStatement",
        "precedentDiscussion": "CIP136:precedentDiscussion",
        "counterargumentDiscussion": "CIP136:counterargumentDiscussion",
        "conclusion": "CIP136:conclusion",
        "internalVote": {
          "@id": "CIP136:internalVote",
          "@container": "@set",
          "@context": {
            "constitutional": "CIP136:constitutional",
            "unconstitutional": "CIP136:unconstitutional",
            "abstain": "CIP136:abstain",
            "didNotVote": "CIP136:didNotVote",
            "againstVote": "CIP136:againstVote"
          }
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      "@context": {
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        "name": "http://xmlns.com/foaf/0.1/name",
        "witness": {
          "@id": "CIP100:witness",
          "@context": {
            "witnessAlgorithm": "CIP100:witnessAlgorithm",
            "publicKey": "CIP100:publicKey",
            "signature": "CIP100:signature"
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  "hashAlgorithm": "blake2b-256",
  "body": {
    "govActionId": "gov_action1fdatlfcdnzzcw5x9pnt9r42v992nqw65zze57s8tyk0jll78eyusqccn9gc",
    "summary": "Tingvard judges the “Cardano Builder DAO” Treasury Withdrawal governance action constitutional.",
    "rationaleStatement": "This governance action requests ada from the Cardano Treasury to fund the Cardano Builder DAO, an ecosystem-wide, smart contract-governed funding mechanism intended to support projects advancing Cardano’s Vision 2030 through measurable ecosystem KPIs.\n\nThe proposal identifies the purpose of the withdrawal: to allocate capital to builders who can contribute to ecosystem growth, including monthly active users, monthly on-chain transactions, and total value locked.\n\nThe proposal explains the delivery model. Funding will be distributed through the Cardano Builder DAO process, with project review, governance participation, KPI reporting, milestone validation, and disbursement through an independent multisig.\n\nThe proposal identifies an administrator. It states that an independent council composed of members of the dRep DAO will receive the treasury withdrawal, hold funds prior to deployment, and oversee disbursement in line with the proposal milestones. It further identifies Cardano Yoda and Marco Grendel Moshi as named members who have put themselves forward, with one additional non-affiliated active DRep to be added.\n\nThe proposal addresses custody and delegation. It states that any ADA held by the administrator before further disbursement will be kept in separate accounts auditable by the Cardano community, will not be delegated to any stake pool operator, and will be delegated to the predefined abstain voting option.\n\nThe proposal includes refund circumstances. It states that repayment would occur if DAO treasury funds remain unused or unallocated after completion of the approved work, governance processes, or funding activities. In that case, the unused portion would be returned to the Cardano Treasury.\n\nThe proposal also discloses prior treasury funding. It states that the Cardano Builder DAO previously received funding through the Cardano Treasury funding process, and that this proposal builds on that prior funded work.\n\nTingvard also notes that the proposal references a separate Milestone and Budget Document. That document is relevant to the assessment of delivery period, costs, expenses, milestones, and implementation details.\n\nTingvard therefore finds that the proposal satisfies the relevant constitutional requirements for a Treasury Withdrawal governance action.",
    "precedentDiscussion": "N/A",
    "counterargumentDiscussion": "N/A",
    "conclusion": "Tingvard finds the “Cardano Builder DAO” Treasury Withdrawal governance action constitutional.\n\nThe proposal identifies the purpose of the withdrawal, the administrator, the custody and delegation arrangements, refund circumstances, prior funding disclosure, and the intended accountability structure.\n\nTingvard therefore judges this governance action constitutional.",
    "internalVote": {
      "constitutional": 4,
      "unconstitutional": 0,
      "abstain": 0,
      "didNotVote": 1,
      "againstVote": 0
    },
    "references": [
      {
        "@type": "RelevantArticles",
        "label": "Cardano Blockchain Ecosystem Constitution",
        "uri": "ipfs://bafkreieyuknozbtewyurfqoagvplvykadn6a4u6wglupavdz46bbsnnl6e"
      }
    ]
  },
  "authors": [
    {
      "name": "Tingvard",
      "imageUrl": "ipfs://QmPkHXdK6GLtDNyyKFBWRwARFEy9TPFcbpDganixmRXwWJ"
    }
  ]
}